. (check out his website before you make too
quick of judgment on this post) -
Here's his whole write-up:
I was wrong.
Plain and simple, I was wrong.
What I thought would be a mild recession has
turned into something worse — maybe much worse.
I didn't think the government should get
involved. Now, I think it has no choice.
If the markets can't correct things, maybe Uncle
And maybe, just maybe, politicians demanding a
greater government role are right.
But that government role doesn't come cheap.
They know this.
Belatedly, I know this too. So, let me be clear:
We need to raise taxes.
You heard me right — raise taxes.
Not across the board and hopefully not
But enough to right some wrongs and pay some long
The rich have had a nice ride. Paying a little
more for the pleasure won't kill them and it
won't kill me.
We've tried desperately to bring the poor up.
Maybe it's time to teach the well-to-do a thing
or two and bring them down.
They won't miss the money. But maybe they'll get
Yes, it's time to raise taxes and the sooner the
Because, yes, I was wrong: Cutting taxes isn't
the answer. Hiking them, now, more than ever is.
Mark it down. This date: April 1st, 2008.
April Fools Day.
Matthew W. Proctor
Please direct all email communication to:
email@example.com or firstname.lastname@example.org
You rock. That's why Blockbuster's offering you one month of Blockbuster Total Access, No Cost.